Anthropic is delaying its planned IPO, with the AI company now expected to start marketing the offering in mid-October at the earliest, according to people familiar with the matter. The listing could take place days before the US midterm elections in November.The AI giant is now expected to make its initial public offering prospectus public…
Amitabh Chaudhry, who has headed Axis Bank for seven-and-a-half years MUMBAI: Under Amitabh Chaudhry, who has headed Axis Bank for seven-and-a-half years, the bank delivered an 18% ROE for nearly seven quarters. However, the retail cycle, higher credit costs and rate cuts put pressure on NIMs. In an interview with TOI, Chaudhry spoke about how…
Consumers may increasingly also have the choice to go for smaller-sized portions Mumbai: Protein foods are now a common sight across retail shelves, but consumers may increasingly also have the choice to go for smaller-sized portions going ahead. As protein-deficient Indians become picky in terms of what they eat and add to their regular diets,…
Household spending in 2024-25 marked a further shift towards non-essential discretionary items and services NEW DELHI: As the economy recovered from covid pandemic, household spending in 2024-25 marked a further shift towards non-essential discretionary items and services, which have earlier seen decline, signalling premiumisation and a boost for govt revenues.After seeing a decline in 2023-24,…
HUL is stepping up investments to defend market share MUMBAI: After two years of sluggish growth, Hindustan Unilever (HUL) is stepping up investments to defend market share amid stiff competition from a clutch of new-age brands and changing shopping patterns. On Friday, the consumer goods giant said that it will boost capex to 3% of…
The ruling arose from a dispute over 4 acres 11 guntas of land in Sira Taluk of Tumakuru district. Your neighbour has possession of your land and after some years claims ownership of it on the basis of long possession. Is that legal? Karnataka High Court recently ruled on one such case.The Karnataka High Court,…
The Bill would allow Trump to impose tariffs of 100% on the five biggest buyers of Russian crude oil and natural gas. US President Donald Trump may not be able to get the Russia sanctions bill passed in the House of Representatives before November, a development that would give India a breather from the possibility…
RBI has garnered $136.38 billion through the special dollar swap scheme which it launched in June In May 2026, amid the raging US-Iran war, PM Narendra Modi urged citizens to reduce gold buying, travel abroad and fuel consumption to preserve India’s foreign exchange reserves which had come under pressure due to rupee’s depreciation exacerbated by…
The incident also caused significant damage inside the cabin Air India on Friday said it had terminated the employment of the Pilot-in-Command of its Phuket-Delhi flight after he tested positive for a psychoactive substance.“The Pilot-in-Command of the Phuket-Delhi flight tested positive for a psychoactive substance. In line with Air India’s zero-tolerance approach to violations of…
India’s shift towards electric mobility and tech-intensive vehicles is exposing a capability gap CHENNAI: India’s shift towards electric mobility and tech-intensive vehicles is exposing a capability gap among auto component manufacturers, particularly MSMEs, even as imports of batteries, power electronics, embedded software and advanced electronics rise.Domestic OEM sourcing of auto components grew 16% to Rs…
